People Moves
Knight Frank India Names New International Capital Markets Director
Knight Frank India, a London-headquartered real estate consultancy, has created a new position to capitalise on investment opportunities in the rapidly-growing region.
Knight Frank India has appointed Harry Chaplin-Rogers (pictured) as director of International Capital Markets.
In this newly-created position, Chaplin-Rogers will structure transactions for Indian investment managers and offshore investors in India. He will also help international and domestic clients identify and evaluate investment opportunities within Indian real estate capital markets, ranging from developing entry, expansion, and divestment strategies, the firm said in a statement.
Based in Mumbai, Chaplin-Rogers will be part of Knight Frank's global capital markets network, which is a combination of Knight Frank and Berkadia, a capital advisory specialist in the US owned by Berkshire Hathaway and Jefferies. He will partner with clients from the initial stages of their transaction by exploring funding options across the capital stack and will help connect offshore capital requirements with the Indian real estate client base.
Chaplin-Rogers brings experience from international markets, particularly London, where he worked in investment and asset management recently, the firm continued. His work there included spearheading transactions in both commercial and residential assets, and personally assisting his company in transacting on deals worth over $300 million in the last three years.
"India is one of the fastest growing large economies globally, and it is expected to be the third largest by GDP by 2030. It is increasingly recognised as an attractive investment destination for global and domestic investors, owing to its robust domestic consumption, long-term economic stability, and extensive infrastructural development,” Shishir Baijal, chairman and managing director of Knight Frank India, said. “Moreover, in the aftermath of the Covid-19 pandemic, investors are inclined towards diversifying their portfolios geographically to mitigate risks. In this context, India, with its strong fundamentals, offers a viable opportunity.”
"The Indian real estate market presents an exciting opportunity for both global and domestic funds, being one of the world's most stable economies with consistently high growth rates,” Chaplin-Rogers added.
Other wealth managers also see investment opportunities in India. London-listed India Capital Growth Fund invests in the rapidly growing Indian economy. Dina Ting, senior vice president and head of global index portfolio management at Franklin Templeton, believes that its vibrant market is worth paying attention to. See more commentary here and here about India’s outlook and investment opportunities in the region.